{"product_id":"the-fund-industry-how-your-money-is-managed-hardcover","title":"The Fund Industry: How Your Money Is Managed - Hardcover","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eRobert Pozen\u003c\/b\u003e (Author), \u003cb\u003eTheresa Hamacher\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003cb\u003eA guide to how your money is managed, with foreword by Nobel laureate Robert Shiller\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003ci\u003eThe Fund Industry\u003c\/i\u003e offers a comprehensive look at mutual funds and the investment management industry, for fund investors, those working in the fund industry, service providers to the industry and students of financial institutions or capital markets. Industry experts Robert Pozen and Theresa Hamacher take readers on a tour of the business of asset management. Readers will learn how to research a fund and assess whether it's right for them; then they'll go behind the scenes to see how funds are invested, sold and regulated. This updated edition expands coverage of the segments of the industry where growth is hottest, including hedge funds, liquid alternatives, ETFs and target date funds--and adds an introduction to derivatives.\u003c\/p\u003e \u003cp\u003eMutual funds are a key component of financial planning for 96 million Americans. Nearly a quarter of U.S. household savings are invested in funds, which give individual investors affordable access to professional management. This book provides a detailed look at how firms in the industry: \u003c\/p\u003e \u003cul\u003e \u003cli\u003eInvest those savings in stocks and bonds\u003c\/li\u003e \u003cli\u003eEvaluate the risks and returns of funds\u003c\/li\u003e \u003cli\u003eDistribute funds directly to consumers or through financial advisors or retirement plans\u003c\/li\u003e \u003cli\u003eHandle the complex operational and regulatory requirements of mutual funds\u003c\/li\u003e \u003cli\u003eVote proxies at the annual meetings of public companies\u003c\/li\u003e \u003cli\u003eExpand their operations across borders\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eAlong the way, the authors describe the latest trends and discuss the biggest controversies--all in straightforward and engaging prose. \u003ci\u003eThe Fund Industry\u003c\/i\u003e is the essential guide to navigating the mutual fund industry.\u003c\/p\u003e\u003ch3\u003eFront Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis thoroughly revised second edition of \u003ci\u003eThe Fund Industry\u003c\/i\u003e provides a detailed guide to the world of mutual funds and the investment management industry for individual shareholders, institutional investors, and professionals in the industry. Written by experts Robert Pozen and Theresa Hamacher, this comprehensive resource explains how investors and advisers can research a fund and assess whether it's right for a particular financial or retirement plan. Written in an engaging and accessible style, the book and companion website provide an insider's view of how funds are invested, sold, and regulated.\u003c\/p\u003e \u003cp\u003eThe authors reveal how savvy fund managers pick stocks and bonds, make trading decisions, handle proxy voting, and evaluate risk and return. \u003ci\u003eThe Fund Industry\u003c\/i\u003e explores the distribution of fund shares directly to consumers, through financial advisers and via retirement plans, and explains the complex operational and regulatory requirements governing funds. The final section discusses trends in the fund industry outside the United States, drawing on examples from Europe, Latin America, and Asia.\u003c\/p\u003e \u003cp\u003eKeeping pace with today's investing trends, this updated edition expands coverage of hedge funds, liquid alternatives, ETFs, and target date funds, and adds an introduction to derivatives and how they are used in funds. The companion website offers readers exclusive information, as well as a special section for instructors, containing presentation materials, discussion questions, and case studies.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eThe Fund Industry\u003c\/i\u003e, \u003ci\u003eSecond Edition\u003c\/i\u003e is essential reading for all investors who want to know more about the funds they own and for financial professionals looking to navigate a complex industry and better serve their clients.\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis thoroughly revised second edition of\u003ci\u003e The Fund Industry\u003c\/i\u003e provides a detailed guide to the world of mutual funds and the investment management industry for individual shareholders, institutional investors, and professionals in the industry. Written by experts Robert Pozen and Theresa Hamacher, this comprehensive resource explains how investors and advisers can research a fund and assess whether it's right for a particular financial or retirement plan. Written in an engaging and accessible style, the book and companion website provide an insider's view of how funds are invested, sold, and regulated.\u003c\/p\u003e \u003cp\u003eThe authors reveal how savvy fund managers pick stocks and bonds, make trading decisions, handle proxy voting, and evaluate risk and return. \u003ci\u003eThe Fund Industry\u003c\/i\u003e explores the distribution of fund shares directly to consumers, through financial advisers and via retirement plans, and explains the complex operational and regulatory requirements governing funds. The final section discusses trends in the fund industry outside the United States, drawing on examples from Europe, Latin America, and Asia. \u003c\/p\u003e\u003cp\u003eKeeping pace with today's investing trends, this updated edition expands coverage of hedge funds, liquid alternatives, ETFs, and target date funds, and adds an introduction to derivatives and how they are used in funds. The companion website offers readers exclusive information, as well as a special section for instructors, containing presentation materials, discussion questions, and case studies. \u003c\/p\u003e\u003cp\u003e\u003ci\u003eThe Fund Industry, Second Edition \u003c\/i\u003eis essential reading for all investors who want to know more about the funds they own and for financial professionals looking to navigate a complex industry and better serve their clients.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eROBERT POZEN\u003c\/b\u003e is Senior Lecturer at Harvard Business School and a Senior Fellow at the Brookings Institution. During his distinguished career, he has been active in business, government, and academia. From 1997 to 2001, he was President of Fidelity Management \u0026amp; Research Co. From 2004 to 2011, he was executive Chairman of MFS Investment Management, which now manages over $400 billion in assets. \u003c\/p\u003e \u003cp\u003e\u003cb\u003eTHERESA HAMACHER, CFA, \u003c\/b\u003e is president of NICSA, a trade association serving the global investment management community. She is the former CIO for Pioneer Investment Management USA in Boston, Massachusetts. Previously, she was the CIO for Prudential Mutual Funds in Newark, New Jersey.\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 544\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.8 x 9 x 6.1 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e February 02, 2015\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":52485190222131,"sku":"9781118929940","price":70.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0300\/5595\/6612\/files\/H3pfA64BXi9781118929940.webp?v=1759798543","url":"https:\/\/www.vysn.com\/en-ca\/products\/the-fund-industry-how-your-money-is-managed-hardcover","provider":"VYSN","version":"1.0","type":"link"}